Key Analysts at Morgan Stanley Maintain their ‘Underweight’ rating for Aggreko (LON:AGK) Shares Today. Their TP Provided Is GBX 850.00

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Aggreko (LON:AGK) Rating Reaffirmed

London: In analysts report issued to investors and clients on Friday, 11 December, Morgan Stanley kept steady their Underweight rating on Aggreko (LON:AGK) shares. They now have a GBX 850.00 PT on the company. Morgan Stanley’s target would possibly suggest a potential downside of -8.90% from the company’s stock close price.

From a total of 17 analysts covering Aggreko PLC (LON:AGK) stock, 2 rate it a ”Buy”, 5 a “Sell”, and 10 a ”Hold”. This means that 12% of the ratings are positive. The highest target price is GBX 1747 while the lowest target price is GBX 1. The mean of all analyst targets is GBX 1075.63 with a 15.10% above today’s (GBX 934.5) stock price. Aggreko PLC was the topic of 46 analyst reports since July 24, 2015 according to the firm StockzIntelligence Inc. Peel Hunt upgraded shares on December 2 to “Hold” rating. Jefferies maintained shares with “Underperform” rating and GBX 720 target share price in a report from a November 10. JP Morgan maintained AGK stock in a recent report from November 10 with “Neutral” rating. Deutsche Bank maintained the rating on November 10. Deutsche Bank has a “Hold” rating and a GBX 1020 price target on shares. Finally, Barclays Capital maintained the stock with “Overweight” rating in a report issued on a November 10.

Approximately 257,395 shares of stock traded hands. Aggreko plc (LON:AGK) has declined 40.58% since May 14, 2015 and is downtrending. It has underperformed by 37.56% the S&P500.

Key Analysts at Morgan Stanley Maintain their ‘Underweight’ rating for Aggreko (LON:AGK) Shares Today. Their TP Provided Is GBX 850.00

Aggreko plc is a United Kingdom-based company, which provides power and temperature control solutions. The company has a market cap of 2.37 billion GBP. The Firm has two business models which include Local business and Power Projects business. It has 11.78 P/E ratio. The Local business rents power and temperature control equipment to a range of clients who operate it themselves, while the Company services and maintains it.

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